DigiByte (CURRENCY:DGB) traded 0.1% higher against the US dollar during the twenty-four hour period ending at 15:00 PM ET on November 8th. One DigiByte coin can currently be bought for $0.0071 or 0.00000080 BTC on major cryptocurrency exchanges including Bittrex, Cryptopia, Poloniex and OOOBTC. In the last seven days, DigiByte has traded 3% higher against the US dollar. DigiByte has a total market capitalization of $88.31 million and approximately $1.72 million worth of DigiByte was traded on exchanges in the last day.
Here is how similar cryptocurrencies have performed in the last day:
- Primecoin (XPM) traded down 9.6% against the dollar and now trades at $0.0804 or 0.00000909 BTC.
- Quark (QRK) traded flat against the dollar and now trades at $0.0055 or 0.00000060 BTC.
- Myriad (XMY) traded down 13.2% against the dollar and now trades at $0.0008 or 0.00000009 BTC.
- Circuits of Value (COVAL) traded flat against the dollar and now trades at $0.0009 or 0.00000010 BTC.
- HunterCoin (HUC) traded flat against the dollar and now trades at $0.0027 or 0.00000036 BTC.
- Joincoin (J) traded up 20.3% against the dollar and now trades at $0.0076 or 0.00000086 BTC.
- BitQuark (BTQ) traded flat against the dollar and now trades at $0.0006 or 0.00000015 BTC.
DigiByte is a proof-of-work (PoW) coin that uses the Multiple hashing algorithm. Its genesis date was January 12th, 2014. DigiByte’s total supply is 12,467,841,591 coins. The official website for DigiByte is www.digibyte.io. DigiByte’s official Twitter account is @digibytecoin and its Facebook page is accessible here. The Reddit community for DigiByte is /r/Digibyte and the currency’s Github account can be viewed here.
According to CryptoCompare, “Security: DigiByte uses five highly advanced cryptographic algorithms. Speed: DigiByte transaction notifications occur in 1-3 seconds, blocks are discovered every thirty seconds and transactions are fully confirmed every 3 minutes. Future planned upgrades will make these times even faster. Fees: Most DigiByte to DigiByte transactions are free or carry a very small network-mining fee to incentivize people to mine. Worldwide: DigiBytes are already stored, traded and transacted in over 89 countries. Decentralization: There is no need for a middleman or third party or central server. Re-Spend: Send DigiBytes you received to someone else in as little as three minutes. Finite Production: New DigiBytes are added to the network every thirty seconds through a process called mining as each new block (or grouping of transactions in a spreadsheet like format) is discovered by the network. Scarcity: 21 Billion DigiBytes will be created in 21 years. 1% Monthly New Minting Reduction: New DigiByte production decreases 1% every month. Mining: DigiByte mining is decentralized with five independent, highly secure mining algorithms. Adaptable, innovative & flexible: DigiByte is constantly adding new features & services to remain on the cutting edge of digital currency technology. Committed Development: DigiByte has been under constant, progressive development for over one year now with core development team members from all over the world. Millennial Acquisition Potential: DigiByte provides merchants, banks & other legacy institutions with a new means of acquiring & connecting with tech savvy millennial users. A Bright Future: DigiByte has many new & exciting projects underway to be released throughout 2015 to increase DigiByte utility and new user adoption across the globe. “
DigiByte Coin Trading
DigiByte can be purchased on these cryptocurrency exchanges: Graviex, OOOBTC, HitBTC, Cryptohub, Huobi, Cryptopia, Bitbns, LiteBit.eu, YoBit, Sistemkoin, Livecoin, Kucoin, Trade By Trade, Upbit, Poloniex, Crex24, Bittylicious, Bittrex, BiteBTC, CoinExchange, OKEx, Trade Satoshi, CryptoBridge, cfinex, Bit-Z and C-Patex. It is usually not possible to purchase alternative cryptocurrencies such as DigiByte directly using US dollars. Investors seeking to trade DigiByte should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase DigiByte using one of the exchanges listed above.
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